Stock Track | MSTX Plunges 14.72% as MicroStrategy's Bitcoin Purchase Stokes Uncertainty

Stock Track

Jan 28, 2025

The Defiance Daily Target 2X Long MSTR ETF (MSTX) plummeted 14.72% during Monday's trading session, as investors reacted to news of MicroStrategy's planned Bitcoin purchase and ongoing uncertainty surrounding the proposed U.S. digital asset reserve.

MSTX is a leveraged exchange-traded fund that tracks the performance of MicroStrategy Incorporated (MSTR), a company that has made significant investments in Bitcoin. As of January 21, MicroStrategy holds over 461,000 BTC, worth approximately $48.4 billion, surpassing the U.S. government's Bitcoin holdings.

MicroStrategy co-founder Michael Saylor hinted at another Bitcoin purchase scheduled for January 27, following the company's recent acquisition of 11,000 BTC at an average price of $101,191 per coin. While MicroStrategy's Bitcoin investments have been profitable, with an unrealized gain of over $19 billion, traders are uncertain about the short-term outlook for Bitcoin and its potential role in the U.S. digital asset reserve, leading to a selloff in MSTX.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1143369393"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1143369393\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1143369393?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-28 01:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1143369393","market":"hk","top_or_hot":-1,"title":"Stock Track | MSTX Plunges 14.72% as MicroStrategy's Bitcoin Purchase Stokes Uncertainty","media":"Stock Track","content":"<p>The Defiance Daily Target 2X Long MSTR ETF (MSTX) plummeted 14.72% during Monday's trading session, as investors reacted to news of MicroStrategy's planned Bitcoin purchase and ongoing uncertainty surrounding the proposed U.S. digital asset reserve.</p>\n\n<p>MSTX is a leveraged exchange-traded fund that tracks the performance of MicroStrategy Incorporated (MSTR), a company that has made significant investments in Bitcoin. As of January 21, MicroStrategy holds over 461,000 BTC, worth approximately $48.4 billion, surpassing the U.S. government's Bitcoin holdings.</p>\n\n<p>MicroStrategy co-founder Michael Saylor hinted at another Bitcoin purchase scheduled for January 27, following the company's recent acquisition of 11,000 BTC at an average price of $101,191 per coin. While MicroStrategy's Bitcoin investments have been profitable, with an unrealized gain of over $19 billion, traders are uncertain about the short-term outlook for Bitcoin and its potential role in the U.S. digital asset reserve, leading to a selloff in MSTX.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MSTX Plunges 14.72% as MicroStrategy's Bitcoin Purchase Stokes Uncertainty</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MSTX Plunges 14.72% as MicroStrategy's Bitcoin Purchase Stokes Uncertainty\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-28 01:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Defiance Daily Target 2X Long MSTR ETF (MSTX) plummeted 14.72% during Monday's trading session, as investors reacted to news of MicroStrategy's planned Bitcoin purchase and ongoing uncertainty surrounding the proposed U.S. digital asset reserve.</p>\n\n<p>MSTX is a leveraged exchange-traded fund that tracks the performance of MicroStrategy Incorporated (MSTR), a company that has made significant investments in Bitcoin. As of January 21, MicroStrategy holds over 461,000 BTC, worth approximately $48.4 billion, surpassing the U.S. government's Bitcoin holdings.</p>\n\n<p>MicroStrategy co-founder Michael Saylor hinted at another Bitcoin purchase scheduled for January 27, following the company's recent acquisition of 11,000 BTC at an average price of $101,191 per coin. While MicroStrategy's Bitcoin investments have been profitable, with an unrealized gain of over $19 billion, traders are uncertain about the short-term outlook for Bitcoin and its potential role in the U.S. digital asset reserve, leading to a selloff in MSTX.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTX","symbol_name":"2倍做多MSTR ETF-Defiance","start_time":0,"source_url":"","article_id":"1143369393","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143369393","pubTimestamp":1738000465,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The Defiance Daily Target 2X Long MSTR ETF  plummeted 14.72% during Monday's trading session, as investors reacted to news of MicroStrategy's planned Bitcoin purchase and ongoing uncertainty surrounding the proposed U.S. digital asset reserve.MSTX is a leveraged exchange-traded fund that tracks the performance of MicroStrategy Incorporated , a company that has made significant investments in Bitcoin. As of January 21, MicroStrategy holds over 461,000 BTC, worth approximately $48.4 billion, surpa","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSTX":"2倍做多MSTR ETF-Defiance"},"translate_title":"MicroStrategy收购比特币引发不确定性，MSTX股价暴跌14.72%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTX":1},"content_text":"The Defiance Daily Target 2X Long MSTR ETF (MSTX) plummeted 14.72% during Monday's trading session, as investors reacted to news of MicroStrategy's planned Bitcoin purchase and ongoing uncertainty surrounding the proposed U.S. digital asset reserve.\nMSTX is a leveraged exchange-traded fund that tracks the performance of MicroStrategy Incorporated (MSTR), a company that has made significant investments in Bitcoin. As of January 21, MicroStrategy holds over 461,000 BTC, worth approximately $48.4 billion, surpassing the U.S. government's Bitcoin holdings.\nMicroStrategy co-founder Michael Saylor hinted at another Bitcoin purchase scheduled for January 27, following the company's recent acquisition of 11,000 BTC at an average price of $101,191 per coin. While MicroStrategy's Bitcoin investments have been profitable, with an unrealized gain of over $19 billion, traders are uncertain about the short-term outlook for Bitcoin and its potential role in the U.S. digital asset reserve, leading to a selloff in MSTX.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}